The Loan Shark Evil

The Loan Shark Evil PDF Author: Annie Laurie Graham
Publisher:
ISBN:
Category :
Languages : en
Pages : 106

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The Loan Shark Evil

The Loan Shark Evil PDF Author: Annie Laurie Graham
Publisher:
ISBN:
Category :
Languages : en
Pages : 106

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Book Description


The Loan Shark Evil in Texas

The Loan Shark Evil in Texas PDF Author: Booth Mooney
Publisher:
ISBN:
Category : Interest and usury
Languages : en
Pages : 23

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The Loan Shark Evil is Now Superseded by Beneficial Licensed Money-lenders of Small Loans in Many Cities

The Loan Shark Evil is Now Superseded by Beneficial Licensed Money-lenders of Small Loans in Many Cities PDF Author: Clarence Hodson
Publisher:
ISBN:
Category : Loans, Personal
Languages : en
Pages : 24

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Loan Sharks

Loan Sharks PDF Author: Charles R. Geisst
Publisher: Brookings Institution Press
ISBN: 0815729014
Category : Business & Economics
Languages : en
Pages : 275

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Book Description
Predatory lending: A problem rooted in the past that continues today. Looking for an investment return that could exceed 500 percent annually; maybe even twice that much? Private, unregulated lending to high-risk borrowers is the answer, or at least it was in the United States for much of the period from the Civil War to the onset of the early decades of the twentieth century. Newspapers called the practice “loan sharking” because lenders employed the same ruthlessness as the great predators in the ocean. Slowly state and federal governments adopted laws and regulations curtailing the practice, but organized crime continued to operate much of the business. In the end, lending to high-margin investors contributed directly to the Wall Street crash of 1929. Loan Sharks is the first history of predatory lending in the United States. It traces the origins of modern consumer lending to such older practices as salary buying and hidden interest charges. Yet, as Geisst shows, no-holds barred loan sharking is not a thing of the past. Many current lending practices employed today by credit card companies, payday lenders, and providers of consumer loans would have been easily recognizable at the end of the nineteenth century. Geisst demonstrates the still prevalent custom of lenders charging high interest rates, especially to risky borrowers, despite attempts to control the practice by individual states. Usury and loan sharking have not disappeared a century and a half after the predatory practices first raised public concern.

A Remedy for the Loan Shark Evil: the Morris Plan of Industrial Banking

A Remedy for the Loan Shark Evil: the Morris Plan of Industrial Banking PDF Author: Robert McBlair
Publisher:
ISBN:
Category :
Languages : en
Pages : 16

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Public Affairs Information Service Bulletin

Public Affairs Information Service Bulletin PDF Author:
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 532

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Money-lenders, Anti-loan Shark, License Laws and Economics of the Small-loan Business

Money-lenders, Anti-loan Shark, License Laws and Economics of the Small-loan Business PDF Author: Clarence Hodson
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 32

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Journal of the American Institute of Criminal Law and Criminology

Journal of the American Institute of Criminal Law and Criminology PDF Author:
Publisher:
ISBN:
Category : Crime
Languages : en
Pages : 656

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Small Loans in the District of Columbia

Small Loans in the District of Columbia PDF Author: United States. Congress. House. Committee on the District of Columbia
Publisher:
ISBN:
Category : Loans
Languages : en
Pages : 172

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Human Engineering

Human Engineering PDF Author: Winthrop Talbot
Publisher:
ISBN:
Category :
Languages : en
Pages : 294

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